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Aaron Abbot invested P100,000 at 12% interest, compounded semi-annually, for 3 years. What is the future value?


A payment stream consists of three payments: $1,700 due today, $2,200 due 80 days from today, and $2,700 due 280 days from today. What single payment, 70 days from today, is economically equivalent to the payment stream if money can be invested at a rate of 4.2%? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)



Let the national income model be


10

Village Finance Co. advanced three loans to Kamiko-$4,200 on June 20, $3,800 on August 25,and $3,300 on October 29, Simple interest at 8.25% was charged on all three loans, and all were repaid on December 31 when some bonds that she owned matured What total amount was required to pay off the loans? (Use 365 days a year. Do not round intermediate calculations and round your

final answer to 2 decimal places.)
How much must be paid back on a loan of R3000 for six months if simple interest of 12% per annum is charged
Calculate the present value of R1 700 received at the end of each month for 6 successive months using a discount rate of 8%
You need life insurance of R250 000 for the next 30 years. The premiums are payable in advance and need to be paid at the beginning of each month. According to Discovery they are able to achieve a growth rate of 4% per annum. Calculate the present value

In order to be able to explain financial concepts to your clients you need to have good _____ skills


The Smith family read their natural gas meter. The previous reading was 23,871 ccf and the current reading was 23,910. How many ccf of natural gas did they use during this period?

City of Phoenix provides water to the Wilson's household. Last month, their water meter had a reading of 3,583 ccf. The previous month the meter reading was 3,576 ccf. City of Phoenix charges $8.93 per ccf for water. What were the Wilsons charged for water during this period?

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